Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany - 2024

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany (CIF) - 2024
2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany (FOB) - 2022
3. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany
4. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany (CIF) - 2024

In April 2024, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $1,403 per ton, picking up by 5.5% against the previous month. In general, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in June 2023 an increase of 63% month-to-month. The import price peaked at $1,644 per ton in April 2023; however, from May 2023 to April 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the United States ($1,521 per ton), while the price for Mexico ($581 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany (FOB) - 2022

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $1,175 per ton in 2022, surging by 31% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($3,255 per ton), while the average price for exports to Croatia ($252 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany

In 2022, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Germany shrank to 27K tons, which is down by -9.2% compared with the year before. Overall, imports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses expanded markedly to $42M in 2022. Over the period under review, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Germany in 2022:

1. Belgium (5.9K tons)
2. United States (4.0K tons)
3. Netherlands (3.8K tons)
4. France (3.6K tons)
5. Italy (3.3K tons)
6. Romania (1.2K tons)
7. United Kingdom (1.1K tons)
8. Poland (0.9K tons)
9. Spain (0.7K tons)
10. Switzerland (0.4K tons)

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Germany

In 2022, approx. 9.5K tons of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses were exported from Germany; declining by -30.7% on the previous year. In general, exports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 33%.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses fell to $11M in 2022. Over the period under review, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 54%.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Germany in 2022:

1. Italy (2641.7 tons)
2. Belgium (1799.7 tons)
3. Netherlands (983.0 tons)
4. Denmark (718.6 tons)
5. Poland (558.8 tons)
6. France (449.5 tons)
7. Ireland (421.8 tons)
8. Turkey (399.8 tons)
9. Croatia (285.3 tons)
10. Spain (237.0 tons)
11. United States (223.0 tons)
12. Slovenia (199.7 tons)
13. Sweden (178.4 tons)

Source: IndexBox Market Intelligence Platform